I initially thought the same about my SanDisk Portable Extreme and returned it, but had exactly the same issue with both the replacement and all my other drives (la Cie and OWC, Samsung... I also previously returned the Samsung thinking it was faulty and and replaced it with the first San Disk). I was on Monterey at the time and lost a lot of data due to corruption, and a fried disk. The problem was initially resolved by changing the Thunderbolt ports on the MBP. However, it returned a few months later, so the logic board was changed and o/s upgraded to Ventura. That didn't cure it either.
Most people seem convinced it's Sonoma, but not in my case. What mac do you have? In case yr using an Intel, it's recently been suggested to me it may be a known issue with the i9 processor.